Cash flow statements

for the year ended 31 March
 
    Group   Company
    2009 2008   2009 2008
  Notes R’000 R’000   R’000 R’000
Cash flow from operating activities   (551 399) 549 577   894 562
Cash (utilised by)/generated from operating activities 32 (91 753) 725 231   521 162
Interest received   88 142 86 507   391 58
Interest paid   (114 024) (23 354)   - -
Dividends received - financial investments   2 491 12 420   - -
Dividends received - associate companies   37 141 10 044   - -
Dividends received - subsidiaries   - -   127 734 103 000
Dividends paid   (239 332) (119 787)   (127 752) (102 658)
Taxation paid 33 (234 064) (141 484)   - -
Cash flow from investing activities   (376 803) (134 322)   - -
Acquisition of property, plant and equipment   (25 240) (10 115)   - -
Acquisition of subsidiary company 34 (743 215) (12 091)1   - -
Acquisition of minority interest in subsidiary company 35 (931) -   - -
Acquisition of associate company 36 - (2 171)   - -
Acquisition of financial investments   (10 062) (183 187)   - -
Increase in loans to associate company   (4 167) (7 424)   - -
Proceeds on sale of property, plant and equipment   194 200 158   - -
Proceeds on sale of financial investments   212 612 80 508   - -
Cash flow from financing activities   619 827 (25 656)   134 (628)
Share repurchases   (5 850) -   - -
Proceeds on vesting of shares held by staff share trust   - 2 978   - -
Share incentive scheme payments received   - 13 996   - -
Decrease in loans and receivables   56 735 810   - -
Decrease/(increase) in loan to subsidiary company   - -   134 (628)
Increase/(decrease) in interest-bearing borrowings   569 398 (39 828)   - -
(Decrease)/increase in loans and other payables   (456) 515   - -
Decrease in liability for share based payments   - (4 127)   - -
Net (decrease)/increase in cash and cash equivalents   (308 375) 389 599   1 028 (66)
Cash and cash equivalents at beginning of the year   1 053 646 655 106   748 814
Effects of exchange rate changes on cash and
cash equivalents
  (31 656) 8 941   - -
Cash and cash equivalents at end of the year 22 713 615 1 053 646   1 776 748
  1Represents the prepayment of costs relating to the acquisition of the subsidiary company subsequent to year end.